Yes RESERV Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
Yes RESERV Credit Card
Bank Name :
Yes Bank
Type :
Rewards Credit Card
Interest Rate :
2.99% per month (35.88% annually)
Eligibility :
Between 21-60 years of age
Salaried or self employed
Minimum Net Salary of INR 2 lakh per month or Income Tax Return of INR 18 lakh and above
Pros
Reward System: You get 24 YES Reward Points for every INR 200 for Online Shopping, 12 YES Reward Points for every INR 200 for Offline Shopping, and 6 YES Reward Points for every INR 200 on Selected categories. 1 RP = 0.25 Paisa. Online CB Rate: 3%, Offline Cashback Rate: 1.5%, and Cashback Rate on other spends: 0.75%.
Travel Benefits: Access to airport lounges internationally for Mastercard and Visa cards, and 3 complimentary lounge visits per quarter within India.
Dining Benefits: Get a minimum 15% discount at select restaurants.
Other Benefits: Complimentary Golf Program, Insurance coverage up to 15 Lac, and Lost Card liability 15 Lac to 30 Lac.
Cons
High Annual Fees
There are no rewards on groceries and convenience stores spendings.
Pros & Cons
Welcome Benefits
None
Rewards System
You get 24 YES Reward Points for every INR 200 for Online Shopping, 12 YES Reward Points for every INR 200 for Offline Shopping, and 6 YES Reward Points for every INR 200 on Selected categories.
1 RP = 0.25 Paisa.
Online CB Rate: 3%, Offline Cashback Rate: 1.5%, and Cashback Rate on other spends: 0.75%.
International Forex Markup
1.75% (plus applicable taxes).
Welcome Benefits and Reward System
Special Features
Dining Benefits: Get a minimum 15% discount at select restaurants.
Eligibility Criteria
Between 21-60 years of age
Salaried or self employed
Minimum Net Salary of INR 2 lakh per month or Income Tax Return of INR 18 lakh and above
Benefits
Dining Benefits
Insurance coverages
Travel Benefits
Golf Privileges
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Contact Details
1800 1200
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: You get 24 YES Reward Points for every INR 200 for Online Shopping, 12 YES Reward Points for every INR 200 for Offline Shopping, and 6 YES Reward Points for every INR 200 on Selected categories. 1 RP = 0.25 Paisa. Online CB Rate: 3%, Offline Cashback Rate: 1.5%, and Cashback Rate on other spends: 0.75%.
Travel Benefits: Access to airport lounges internationally for Mastercard and Visa cards, and 3 complimentary lounge visits per quarter within India.
Dining Benefits: Get a minimum 15% discount at select restaurants.
Other Benefits: Complimentary Golf Program, Insurance coverage up to 15 Lac, and Lost Card liability 15 Lac to 30 Lac.
High Annual Fees
There are no rewards on groceries and convenience stores spendings.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
First Year Membership Fee of INR 1,999+ applicable taxes, waived off on total retail spends of INR 40,000/- done within 30 days of card set up date.
Interest Rate: 2.99% per month (35.88% annually)
Cash Advance Charges: 2.5% (subject to a minimum of Rs. 300)
Late Payment Charges: Ranges from INR 0 to INR 1000.
Foreign Currency Mark-up Fees: 1.75% (plus applicable taxes).
Fuel Surcharge
1% fuel surcharge is waived on all fuel purchases at all fuel stations across India for transactions between Rs. 400 and Rs. 5000 (waiver capped at Rs. 1000 per month).
Billing Cycle
30 Days